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PMDP
Holding strong @ .0006
Last 8 moves where buys
Bids are building 7 x 1
IMO i believe we will see .007 before the close
Starting to see positive movement
keep an eye on it

Plateau Mineral Development, Inc. Issues an Update on the Converter Project

WINSTON-SALEM, N.C., Jan 5, 2010 (GlobeNewswire via COMTEX) -- Plateau Mineral Development, Inc. (Pink Sheets:PMDP) announced today that the firm, in conjunction with Environmental Solutions, has completed a design for a converter unit that will transform tires into carbon black, oil, gas and petroleum solvents.
The market for carbon black includes the manufacturing of new tires as well as for producing batteries, making it an even more important commodity than the company had originally thought. Carbon black sells for approximately $0.46 per pound.

A prototype unit was put to the test, showing that the converter yields more than 95% of usable product after it converts the materials put into it. The fully-operational converter is the size of a truck bed. However, the goal is to fabricate and test a portable unit that can be taken to remote sites for conversion and environmental cleanup jobs. Funds are currently being raised to create a better, more efficient second generation unit.

Robert Matthews of Plateau Mineral Development, Inc. states, "The discovery that carbon black can be used for batteries is a leap in the right direction for us. Since the converter lends itself to the production of carbon black, and since carbon black can be used for batteries and the remanufacture of tires, there's a great deal of potential with regard to the profitability of creating and using the converter."

About Plateau Mineral Development, Inc.: Plateau Mineral Development has been in existence for over five years.

Safe Harbor Statement: This information includes certain "forward-looking statements." The forward-looking statements reflect the beliefs, expectations, objectives and goals of the Company management with respect to future events and financial performance. They are based on assumptions and estimates, which are believed reasonable at the time such statements are made. However, actual results could differ materially from anticipated results. Important factors that may impact actual results include but are not limited to commodity prices, political developments, legal decisions, market and economic conditions, industry competition, the weather, changes in financial markets and changing legislation and regulations. Matters discussed in this press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include but are not limited to risks and uncertainties associated with the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company. Forward-looking statements are intended to qualify for the safe harbor provisions of Section 21E of the Securities and Exchange Act of 1934, as amended.

This news release was distributed by GlobeNewswire, GlobeNewswire - Press Release Distribution - EDGAR Filings - Video News Releases

SOURCE: Plateau Mineral Development Inc.


By Staff

CONTACT: CONTACT: Orion Financial
800-400-1290

PMDP

Another late rally pushed PMDP in the green +16%

Closed @.0007 i believe this rally will continue today

With positive momentum to possibly push to .0008 x .0010

with an early run also hearing rumors of more news sometime today

PMDP announced after yesterdays close that the firm, in conjunction with Environmental Solutions, has completed a design for a converter unit that will transform tires into carbon black, oil, gas and petroleum solvents. The company is making strong run today +14.29% passing 10 day avg.

Plateau Mineral Development, Inc. Provides an Outline on Uses for Products of the Converter

Plateau Mineral Development, Inc..Related Quotes
Symbol Price Change
PMDP.PK 0.0007 0.0000


Press Release Source: Plateau Mineral Development Inc. On Wednesday January 6, 2010, 11:14 am

WINSTON-SALEM, N.C., Jan. 6, 2010 (GLOBE NEWSWIRE) -- Plateau Mineral Development, Inc. (Pink Sheets:PMDP - News) announced today that the firm, in conjunction with Environmental Solutions, has issued a statement providing a pro-forma outline on the monetary benefits of solvent, which represents forty-six percent (46%) of the output. Other products of the converter will serve to greatly improve the profit margins of the tire converter.



Plateau's converter will generate solvent, carbon black and enough natural gas to operate in remote sites without additional power. The proposed unit is capable of processing approximately 6.25 lbs. of total product per minute.



At 6.25 lbs. per minute, 3,000 lbs. per 8-hour work day can be generated and transformed into approximately 7 gallons of solvent which sells for approximately $40/gallon, generating $7885.60 in revenue per day, which can lead to $157,712 per month. Additionally, solvent can be used to dissolve paraffin and to reduce the viscosity of heavy oils.



The market for carbon black includes the manufacturing of new tires as well as for producing batteries, making it an even more important commodity. Carbon black sells for approximately $0.46 per pound and is not included in the pro-forma above for the solvent.



Robert Matthews of Plateau Mineral Development, Inc. states, "We find that there's clearly a great profitability when it comes to the end products of the converter. Solvent, carbon black and natural gas are three items with high demand in the marketplace."

PMDP-
fightin the 20 @ .0008, imo has room to fly to an HOD @ .0009

Plateau Mineral Development, Inc. Explains Uses of Natural Gas Produced by Converter

WINSTON-SALEM, N.C., Jan 6, 2010 (GlobeNewswire via COMTEX) -- Plateau Mineral Development, Inc. (Pink Sheets:PMDP) has issued a statement concerning the natural gas that can be generated by the company's converter. Plateau's converter will generate solvent, carbon black and natural gas. Six to eight percent of the total product load discharged by the converter is natural gas.
The company's main goal is to use the natural gas to run a generator that will provide power to the pumps and compressors in the field, allowing for a stand-alone unit that needs no electrical power from the local grid to operate. This is a cost saving option when electric power may not be available in a remote site.

Alternatively, the gas could be commercially compressed into a pipeline and sold in the marketplace. Gas is currently selling for around $5.65 per MCF (NYMEX). However, at this time, Plateau has decided that it will continue to utilize the gas as a tool to lower operating costs by running the converter equipment in the field without the need for electrical power. This will allow the company to fully focus on marketing the converter's other two end products, solvent and carbon black, which are most lucrative.

"Running electrical power out to remote job sites can be a costly undertaking," states Robert Matthews of Plateau Mineral Development, Inc. "We have the unique ability to utilize a resource outputted by the process that allows us to save a considerable amount of infrastructure funds that would have otherwise been spent on operating expenses. This is yet another step towards increased revenue for the company."

About Plateau Mineral Development, Inc.: Plateau Mineral Development has been in existence for over five years.

Safe Harbor Statement: This information includes certain "forward-looking statements." The forward-looking statements reflect the beliefs, expectations, objectives and goals of the Company management with respect to future events and financial performance. They are based on assumptions and estimates, which are believed reasonable at the time such statements are made. However, actual results could differ materially from anticipated results. Important factors that may impact actual results include but are not limited to commodity prices, political developments, legal decisions, market and economic conditions, industry competition, the weather, changes in financial markets and changing legislation and regulations. Matters discussed in this press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include but are not limited to risks and uncertainties associated with the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company. Forward-looking statements are intended to qualify for the safe harbor provisions of Section 21E of the Securities and Exchange Act of 1934, as amended.

This news release was distributed by GlobeNewswire, GlobeNewswire - Press Release Distribution - EDGAR Filings - Video News Releases

SOURCE: Plateau Mineral Development Inc.


By Staff

CONTACT: CONTACT: Orion Financial
800-400-1290

(C) Copyright 2010 GlobeNewswire, Inc. All rights reserved.
-0-

INDUSTRY KEYWORD: Oil Exploration & Production
SUBJECT CODE: ENERGY
GAS
Product Services Announcement

PMDP-
high volume run yesterday, many purchases went through, sitting on .0006. imo next few trading days expecting a break @ .0007 thus forming possible upside potiential

Do you want stock picks that have triple gainers.


Super Stock Picker

PMDP dipped to .0005 took position n now im hearing rumors of possible news i believe we will see a rally to push up to .0006 x .0007